- USD/INR is currently trading around 63.96 marks.
- It made intraday high at 63.96 and low at 63.85 marks.
- Intraday bias remains neutral till the time pair holds key support at 63.78 marks.
- Key resistances are seen at 64.01, 64.08, 64.25, 64.32, 64.48, 64.60, 64.82, 64.98, 65.09, 65.18, 65.34, 65.52 and 65.80 marks respectively.
- On the other side, initial supports are seen at 63.89, 63.78, 63.70, 63.62, 63.48, 63.36 and 63.11 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart. Current upside movement is short term trend correction only.
- India’s NSE Nifty was trading around 0.41 percent higher at 9,958.15 points and BSE Sensex was trading at 0.46 percent higher at 31,868.97 points.
We prefer to take long position in USD/INR around 63.94, stop loss at 63.78 and target of 64.25.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest


FxWirePro- Major Pair levels and bias summary
Currency Score Alert: GBPUSD, AUDUSD & NZDUSD Top the Charts at 85 – Major Levels to Watch for Bullish Breakouts
FxWirePro: NZD/USD retreats as Middle East instability weighs
FxWirePro- Woodies pivot (Major)
EURUSD Bulls Charge Higher: Buy Dips at 1.1528 as EMA Alignment Eyes Break Above 1.1560
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/USD rises as weak U.S. jobs data pressures dollar
EURGBP Bears Break Trendline: Sell Rallies at 0.8578 as Support Breach Eyes 0.8450 Slide
EUR/USD Rockets Past 1.1560 as Soft U.S. Jobs Data Fuel Fed Rate-Cut Surge
NZDJPY Bears Lie in Wait: Sell Rallies at 93 for 90 Target with 94 Stop
FxWirePro: USD/CNY slips as strong China exports data Lift yuan
FxWirePro- Woodies pivot (Major)
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/ZAR gains some ground, but downtrend remains
FxWirePro: GBP/AUD eases slightly, focus on near-term support
FxWirePro: AUD/USD eases as investors await U.S. employment figures 



